Reserve Bank of Australia Annual Report – 1960 Financial Statements Aggregate Balance Sheet

As at 30th June, 1960

Liabilities 1960 1959
Capital 8,714,000 6,714,000
Reserve Funds 16,053,473 22,201,934
Special Reserve—Premium on gold sold 4,754,954 4,754,954
Australian notes on issue 419,112,018 391,457,208
Deposits, bills payable and all other liabilities (including amounts provided for contingencies) 621,517,630 561,948,056
Total £1,070,152,075 £987,076,152
Assets 1960 1959
Gold, and balances held abroad (including money at short call and treasury bills) 443,906,977 420,834,330
Other overseas securities 44,938,790 35,075,822
Australian notes and coin 3,096,150 2,339,383
Australian Government securities (including treasury bills) 472,983,532 434,971,983
Cheques and bills of other banks 2,515,599 5,667,860
Loans, advances and bills discounted (after deducting provisions for debts considered bad or doubtful) 88,356,886 72,300,760
Bank premises (at cost less amounts written off) 1,970,017 1,274,261
Bills receivable and remittances in transit 8,040,439 9,005,097
All other assets 4,343,685 5,606,656
Total £1,070,152,075 £987,076,152

NOTE: Inter-departmental accounts totalling £63,573,326 have been offset